Cigarette Price Increase: how much money you can save by butting out

As another cigarette price increase of 12.5% will take effect from Tuesday 1st September 2015, the Cancer Institute NSW is urging smokers to take the opportunity to butt-out for good and save thousands of dollars every year.

“With the Federal Government’s latest tax increase on tobacco, a pack-a-day smoker will save around $7000 each year if they give up the deadly habit,” Cancer Institute NSW Manager of Cancer Prevention Anita Dessaix said.

“Quitting smoking is by far the best thing a person can do for their health and if that’s not enough incentive, thinking about how to spend all that extra cash is a great motivator.”

Ever year in NSW, about 46,000 hospitalisations and 5,500 deaths are attributed to smoking¹.

Since the first of a series of tobacco tax increases in 2013, there has been a 17 per cent rise in the number of NSW smokers who have tried or thought about quitting and three-quarters of recent quitters attributed their decision to quit to the increasing price of cigarettes².

To find out exactly how much you can save by quitting, icanquit.com.au has an online savings calculator that shows every dollar and cent that can be saved by quitting smoking.

To get support and advice from a professional Quitline Advisor call Quitline on 13 7848.